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20121006
20121014
Search Results 0 to 9 of about 10 (some duplicates have been removed)
the government deficit topped $1 trillion once again. the treasury says the deficit was roughly 7% of gdp and, larry, the nobel peace prize goes to the eu. the nobel committee gave the prize to the european union acknowledging the 27 blocks advancement and a peace and reconciliation and i know a lot of people think this is ridiculous, but when you think about the history there and the fact that these countries 100 years ago and what they're doing is hard, maybe it's a reminder. >> they should have given them to them 70 years ago and this is the wrong time and i'll talk about that with my pal jimmy pathkuke as. >> my only personal view is it's a ridiculous thing so i've asked cnbc contributor jim pathkukas to come back. at this moment in time with the growth of welfare states and socialism and bankruptcy and bailouts i wouldn't give the european union an award of any kind. what this k this nobel peace prize people be possibly thinking? >> given what you just said and the fact, the eu could still break apart and maybe this is like a parting gift when people are on a game show and given a partin
and that that, we can do that on a basis which won't increase the deficit. that was their position as i said for 99% -- >> but still his position -- >> hold on, joe, and you cannot do that as a mathematical matter without raising the tax burden on the middle class, it's not possible and all this debate about my studies and your studies is not possible, as bill clinton said at the democratic convention it's arithmetic. >> can we taxle the deficit without affecting the middle class? >> if i were vice president biden i'd put that back on the table and push it because it's too late to change your position 30 or 40 days before the election in a campaign that's gone, you know, for a year and a half. it's too late especially on an issue which you've been talking about every single day for those 18 months. it's too late. i'd take the view you can't change your position on something like that 30 days before the election, you can't change your position on repealing every fapset of obama ca facet of obama care or every facet of dodd-frank. we have a debate tonight, so to say nevermind, that doesn't wor
. we are in the same place this year that we were last year. you know, these deficits are struggling. lou: you are campaigning for governor romney in ohio. he will continue to do so. in ohio, when they have a 7.2% unemployment rate -- they are enjoying a far better recovery from the recession that nearly all of the country. what is the most persuasive message that you can take to the voters they are? >> well, i think in the state of utah, we are in spite of what washington is doing. but it's not going to be too long. we are all going to bear the burdens that the president has put on us. we will feel the pain the president has put on us. we are doing well in spite of barack obama, nothing thinking is what happenedn ohio. what we need to do is we need to get people on their feet and ready to go, get them fired up. it is obvious that during the debate, barack obama has no idea how to get the economy going. mitt romney definitely knows the country this country needs to take the one thank you for joining us, mia love. critics may have panned a new liam neeson movie. a break and $50 millio
beyond the level the pentagon asked for which would explode the deficit. and he wouldn't commit to the 2014 timetable to bring our troops home from afghanistan. and so i think time and time again the vice president laid out the choice for the middle class in this election and was very effective in doing so. jon: time and time again the vice president interrupted, interjected, laughed, guf fawed, that kind of thing. was that appropriate first of all? was it intentional? >> well, republicans like to praise happy warriors. that is what we saw from the vice president last night. he caught out the brazen attempt by the romney-ryan campaign to try to rewrite their kick the -- ticket and their positions in the final 30 days of the race. suddenly they don't know anything about the $5 trillion tax cut for the wealthiest they proposed. suddenly they talk like they cover people with preexisting conditions under their health care plan. we know if you're between jobs or between plans you wouldn't be covered under their plan. the vice president is authentic. what you see is what you get. he d
the debate the other night was the deficit. the scrocketting deficit under president obama. remember, that the total federal deficit under president obama is still at $5.2 trillion. >> that's the debt that has been added, i think. the deficit right now it was also went down yesterday. the debt. and the deficit is now 1.1 trillion. that was also came out yesterday morning. >> another barometer people always look at, too. is food stamps. 2009 what did we have 33.5 million, right? and then in 2010, 40.3. last year 44.7. and look at this year already. 46.8 million. that's as of july. >> big jump. >> yeah, so are companies hiring? that could be the good sign that companies are hiring. you want to have some good news, right? and it's hard because you are seeing manufacturing though for the second straight month also slipping. that's a sign of the strengthening economy as well which is getting the economy moving. >> but for people who don't pay attention. you know, you look at that number 7.8. things are turning around. >> are your pants ringing? >> is that my -- it is my phone. hold on a s
. and the reason is he's talking about tax cuts and deficit reduction at the same time. and the pew poll that came out earlier this week, wolf, said six in ten voters believe that romney is promising more than he can deliver. one reason bill clinton's speech was so popular at the democratic convention was he said the arithmetic doesn't add up. so you can push is this just rhetoric during a campaign, or is this real? if you want to close tax loopholes, okay, fine. what loopholes would you close? he's got to answer that. and so far hasn't done it. >> his argument is i don't want to put all that out right now. because if he's president, he's going to have to negotiate all those issues with democrats. and why put your on position out right now. >> sure. >> i don't know if his argument's going to necessarily hold. that's another matter. a lot of folks have seen romney over these past couple weeks at the debate, in the interview with me, moving more towards the center. do you see that? >> i did. i saw that particularly in your interview when he talked about the wealthy and how his tax plan would affect
depending on which way the electorate goes, you're going to see the deficit reduced either by tax increases or public spending cuts or a bit of both. and i do think the intrenched positions you've had the last year and a half will in the send cause someone to blink, either the administration or congress because ultimately neither will want to push the u.s. into an unnecessary recession next year. the answer is, yes, i expect some compromise. may seem foolish given the behavior of washington in the last few quarters. but having said that, i do think you're going to see some compromise. and ultimately, although it has hurt the market, it won't be too much of a negative going into next year. >> some may argue the more important elections in the next few weeks are the spanish regional elections on the 21st, which may trigger or allow spain to then ask for a bailout. do you think that's the event to watch as opposed to -- earnings season is great, it's not going to be a headwind in your view. but do we really need spain to request a bailout in order for us -- the equity markets to move higher he
Search Results 0 to 9 of about 10 (some duplicates have been removed)